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Coca-Cola buys Costa Coffee from Whitbread for £3.9bn

The soft drinks giant Coca-Cola is buying the Costa Coffee chain in a near-£4bn deal that underlines the scale of the global coffee revolution. The takeover will overnight turn Coca-Cola into the UK’s biggest coffee shop player and give it a foothold in what is one of the world’s fastest-growing drinks categories. The global coffee […]

The UK needs a manufacturing resurgence – and a weak pound

OPINION: Productivity growth depends on industrial investment, which demands an active approach to the national currency, argues JML founder John Mills. Productivity growth in the UK economy is almost non-existent. Many people find this fact puzzling. However, there’s a simple reason why, and there’s a relatively simple solution too – if only we can bring […]

What CEOs are reading

Last month I wrote about the ‘loveliness’ of leadership aspired to by Adam Smith (1723-1790), the founding father of free market capitalism. Lo and behold, this month we not only have a brilliant book about the man on our list (Adam Smith – What He Thought And Why It Matters by Jesse Norman), but also […]

Sainsbury’s & Asda: will it go ahead?

The supermarkets are playing a positive tune, but there is a long way to go. If you haven’t heard already, J Sainsbury has announced that it has ‘agreed terms’ for a £15bn deal to ‘combine’ with the Asda Group. Walmart (which currently owns Asda) will retain a 42% holding in the combination. Although the two […]

Fail well: How to handle business mistakes

Looking at how companies deal with mistakes is like staring deep into their souls. Corporations that emphasise culture seem to take failure in their stride, while everyone else falls flat on their faces. Suppose your employee was trying to do something great, and instead failed. What if that mistake cost you money or a client […]

St Anne’s Court – Urban Regeneration  

ESRG Developments (the property arm of The ESRG Group) unveiled their latest project, with the launch of St Anne’s Court in Digbeth. They secured £20 Million pounds build finance from the city to commence this residential urban regeneration scheme. St Anne’s is an ambitious flagship development located in the heart of Birmingham, one of a series […]